ICO and IEO running at same time for same project - page 3.

Burogh

member

Activity: 644

Merit: 10

COVIR.IO

Quote from: forexandcryptoauditor on August 30, 2019, 12:51:12 AM

With the introduction of IEO, there is a great reduction in holding ICO by the projects.
Even though this is the situation, now a days I have observed that some projects are holding ICO as well as IEO same time. They also don't share the exact amount of funds raised
Isn't it confusing for investors? What are your thoughts? Why projects are using both methods?

When IEO and ICO are run together, I don't think it will confuse investors. Investors can choose to invest through IEO in exchangers or buy tokens directly from the developer team. Such methods are rarely done but there are projects that do it and in my opinion it is safer to transact in IEO held by exchangers

mika11

newbie

Activity: 76

Merit: 0

why are they running at the same time both while i find ieo more suitable ico at the moment?

trauchot

member

Activity: 1764

Merit: 10

Quote from: forexandcryptoauditor on August 30, 2019, 12:51:12 AM

With the introduction of IEO, there is a great reduction in holding ICO by the projects.
Even though this is the situation, now a days I have observed that some projects are holding ICO as well as IEO same time. They also don't share the exact amount of funds raised
Isn't it confusing for investors? What are your thoughts? Why projects are using both methods?

I think that on the contrary it will bring more investment in companies that conduct both ICO and IEO, because many investors prefer to invest in IEO right now, while other investors prefer to invest in ICO. Unfortunately, a huge number of companies hides the amount of the money that was collected through ICO or IEO and this of course does not please investors, because every investor wants to know whether to keep the purchased tokens further or sell, because of low amount raised by company during ICO or IEO.

mcnocon2

member

Activity: 616

Merit: 18

📱CARTESI 📱INFRASTRUCTURE FOR DAPPS

Quote from: forexandcryptoauditor on August 30, 2019, 12:51:12 AM

With the introduction of IEO, there is a great reduction in holding ICO by the projects.
Even though this is the situation, now a days I have observed that some projects are holding ICO as well as IEO same time. They also don't share the exact amount of funds raised
Isn't it confusing for investors? What are your thoughts? Why projects are using both methods?

IF they do an ICO and an IEO at the same time then thats a very bad decision. IF they done an ICO with their IEO already conducted then that means they dont trust the exchange their conducting to. They knew that they will not gonna raise much on that exchange thats why they decided to do ICO.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: ?? on ??

Actually it is very good if the project does it simultaneously. Because the trend now is IEO and ICO era has begun to disappear. Surely the project thought about it and looked for investors who preferred to do it. So it's very rare for a project to do that simultaneously.

Seems like you all just reiterate what everyone says and nod your heads at everything happening without realizing what happens in the background. Both of them are attempts at crowdfunding.

Now if a project does both does it not come to your mind that they project is trying to "oversell" its token -in other words, the project may be overbought? Does it not ever come to you that the market manipulation is too high here?

That the devs are going to sell off their tokens right after the listing? And leave the investors speculating for years and the price comes down exponentially and the devs abandon the project, only coming once a while in the blue moon to say a minor development. All in all nothing but a scam.

dirgayeah

full member

Activity: 868

Merit: 103

*Indonesian Professional Translator and BM*

Quote from: killat on August 30, 2019, 09:52:32 AM

Why would a legit project ever use an ICO and IEO simultaneously? This is a big red flag for a scam IMHO.

Hmm are you sure dude? I ever participated at bounty which is running ICO and IEO together but in case "they started the private sale first", then put IEO in last stage". project still alive and now,preparing their exchange for launching. That project name are XCRYPT.

xOdiumNostrumx

full member

Activity: 1064

Merit: 101

Its actually more common that projects are doing IEOs on two or more different exchanges (more chance to reach their funding goal), but I am not sure if I have ever witnessed running ICO and IEO of the same project at the same time, interesting and highly unusual.

Barracuda

full member

Activity: 514

Merit: 100

Not an easy thing to do both simultaneously. It is also not a good idea to collect funds by having 2 methods, namely ICO and IEO. The project will choose the current trend, IEO. That's what they will do, not do it together.

Whibu

jr. member

Activity: 186

Merit: 3

One project that runs ICO and IEO together indeed makes investors confused about choosing, moreover they are not transparent in providing information.
But that is their way of attracting investors, and I would choose to participate in IEO even if it was on a small exchange.

aditasetia123

member

Activity: 464

Merit: 10

Quote from: letyouearn on September 03, 2019, 04:35:16 PM

Holding ICO and IEO at the same time is a strange move I think. But technically it's normal. Some guys will buy these tokens on exchange and some - on the main website. And everybody will be able to trade it, afterwards.

its very strange if we buy token in main website meanwhile this token alreadt traded in any exchanges.profesionakl investors prefer to buy in exchanges, so if they get profits they could sell it faster no need to tranfer from website to exchanges wallet.

Yamifoud

hero member

Activity: 2828

Merit: 518

Quote from: mr_random on September 03, 2019, 07:00:44 PM

Quote from: travwill on September 03, 2019, 02:48:24 PM

I will never trust such moves, I do not see any sense in them. For me, this is the first signal that the project can be supervised by scammers who do not understand what they are doing,
and they put all their eggs in one basket and say "buy faster."

They do the both token sales in order to collect more funds but these ways are not going to add extra legitimacy to the project in my opinion. Understanding such moves is hard for me, the concrete token sale mode will be appreciated by the crypto community.

It only lose the trust of investors for them. They are greedy to look at and not really it helps to attract investors.
Knowing how important to protect their reputation and that's how they should never have to do that cause it only give some speculation of another way of scamming activities. There is no sense to have this project if they keep lying to us.

chanler

member

Activity: 753

Merit: 15

mulierum.com

Quote from: forexandcryptoauditor on August 30, 2019, 12:51:12 AM

~snip~ now a days I have observed that some projects are holding ICO as well as IEO same time. They also don't share the exact amount of funds raised

It is strange enough for me, what for they provide two kinds of token sales at the same time. Moreover, they seem not open to the public for fundraising transparency. If anybody finds out this kind of project, I suggest to not join in it. It is better to look at the others and avoid a potential scam project.

mr_random

legendary

Activity: 1344

Merit: 1001

Quote from: travwill on September 03, 2019, 02:48:24 PM

I will never trust such moves, I do not see any sense in them. For me, this is the first signal that the project can be supervised by scammers who do not understand what they are doing,
and they put all their eggs in one basket and say "buy faster."

They do the both token sales in order to collect more funds but these ways are not going to add extra legitimacy to the project in my opinion. Understanding such moves is hard for me, the concrete token sale mode will be appreciated by the crypto community.

gundala

full member

Activity: 896

Merit: 108

Simultaneously? or ICO has been held first, then IEO now? As far as I know, there were a number of projects that had held ICOs last year, and this year when IEO became more popular, IEO was also carried out but for a relatively small amount, I think it was only a marketing strategy to form stronger trading networks and investor trust.

louisBSAS

member

Activity: 623

Merit: 11

Proof-of-Stake Blockchain Network

Quote from: forexandcryptoauditor on August 30, 2019, 12:51:12 AM

With the introduction of IEO, there is a great reduction in holding ICO by the projects.
Even though this is the situation, now a days I have observed that some projects are holding ICO as well as IEO same time. They also don't share the exact amount of funds raised
Isn't it confusing for investors? What are your thoughts? Why projects are using both methods?

New projects want to raise the maximum amount of money, which is why they resort to various methods of attracting investors, which is why they conduct both ICO and IEO at the same time.
If the project hides information about the amount of funds raised, then I try not to invest in such a project. I believe that honest people do not need to hide the amount of money received.

letyouearn

legendary

Activity: 1722

Merit: 1014

Holding ICO and IEO at the same time is a strange move I think. But technically it's normal. Some guys will buy these tokens on exchange and some - on the main website. And everybody will be able to trade it, afterwards.

kramchers

full member

Activity: 854

Merit: 101

What you see is those project who had their ICO before,
And then, they decided to do the last phase of the sale with IEO to gather more investors.
They want to have a higheer success that is why they do this.

dcomomal

copper member

Activity: 238

Merit: 0

During the beginning of 2019 some ICOs mentioned that they need to switch to an IEO model, if they want to collect enough funds. But some of them are doing both, which I do not like, because it leads to price differences etc.

travwill

sr. member

Activity: 1313

Merit: 278

I will never trust such moves, I do not see any sense in them. For me, this is the first signal that the project can be supervised by scammers who do not understand what they are doing,
and they put all their eggs in one basket and say "buy faster."

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: forexandcryptoauditor on August 30, 2019, 12:51:12 AM

With the introduction of IEO, there is a great reduction in holding ICO by the projects.
Even though this is the situation, now a days I have observed that some projects are holding ICO as well as IEO same time. They also don't share the exact amount of funds raised
Isn't it confusing for investors? What are your thoughts? Why projects are using both methods?

I make it a point of duty to keep away from any project simultaneously holding ICO and IEO. For me it looks like a scam. The greed that drives some devs makes them do uncanny things such as that and investors should he weary of them.

Topic: ICO and IEO running at same time for same project - page 3. (Read 698 times)